NCPI Workmark
Articles in regional publications that pertain to a wide range of North Carolina-related topics.

R & E Electronics

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In 1972, Ed Mayorga bought R & E Electronics, a struggling Wilmington telecommunications company, for $3,000. Although the company had been in business since 1952, it had a less-then-wonderful financial status, making about $36,000 in yearly sales and holding a $70,000 deficit. Mayorga paid off the debt in three years, and today he expects the company will see $25 million in sales in 1985.
Business North Carolina (NoCar HF 5001 B8x), Vol. 5 Issue 6, June 1985, p63-66, por